Investors have a lot to be fearful of these days. They have legitimate concerns about the deficit, the state of the economy, and high unemployment rates.
It’s not just economic abstractions. The fears have become personal. Here are the top three fears of my clients and some suggestions for dealing with them.
1. I am going to run out of money. This is the big one. Almost all investors took a huge hit in their personal and retirement portfolios in 2008. Many have been the victims of a sluggish economy and downsizing. It’s the perfect storm for financial disaster, especially if you are at or near retirement. Consider these options: ….
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